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Perth Mint's August gold sales slip on month, silver sales lowest in a year

Published 04/09/2017, 05:53 pm
Updated 04/09/2017, 06:00 pm
© Reuters.  Perth Mint's August gold sales slip on month, silver sales lowest in a year

Sept 4 (Reuters) - The Perth Mint's sales of gold products slipped 2.3 percent in August from a month earlier, while silver sales fell to the lowest in a year, the mint said in a blog post on its website on Monday.

Sales of gold coins and minted bars decreased to 23,130 ounces in August from 23,675 ounces a month ago, the mint said.

Silver sales during the month dropped to the lowest level since last August at 392,091 ounces, down 66.4 percent from July, according to the blog post.

The Perth Mint refines more than 90 percent of newly mined gold in Australia, the world's No. 2 gold producer after China.

Gold prices climbed 1 percent to their highest in almost a year on Monday after North Korea's latest and most powerful nuclear test drove investors towards safe-haven assets. GOL/

Period

Gold (oz) Silver (oz)

Aug-17

23,130

392,091

Jul-17

23,675

1,167,963

Jun-17

19,259

1,215,071

May-17

29,679

826,656

Apr-17

10,490

468,977

Mar-17

22,232

716,283

Feb-17

25,257

502,353

Jan-17

72,745

1,230,867

Dec-16

63,420

430,009

Nov-16

54,747

984,622

Oct-16

79,048

1,084,213

Sept-16

58,811

1,031,858

Aug-16

14,684

376,461

Jul-16

16,870

693,447

Jun-16

31,368

1,220,817

May-16

21,035

974,865

Apr-16

47,542

1,161,766

Mar-16

47,948

1,756,238

Feb-16

37,063

1,049,062

Jan-16

47,759

1,473,408

Dec-15

40,096

1,083,460

Nov-15

31,664

1,145,239

Oct-15

66,951

1,751,898

Sep-15

63,791

3,349,557

Aug-15

33,390

707,656

Jul-15

51,088

746,700

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